LNG supplies from Russia to China in January-April 2023 increased by 50% year-on-year, reaching 2.14 million tons.
According to data from the General Administration of Customs in China, the value of China’s imports of Russian gas increased by 26.3%, to exceed $1.65 billion.
In terms of the physical volume of liquefied natural gas purchased by China, Russia ranks fourth, according to the Russian agency “Tass”.
In the first four months of this year, Australia was the main supplier of LNG to China, selling 6.8 million tons to China (down 8.5%) for a value of $4.61 billion.
Qatar came in second place with exports of 5.8 million tons at a value of $3.94 billion, followed by Malaysia with about 2.2 million tons at a value of $1.64 billion.
According to Chinese customs, LNG supplies from Russia to China decreased in April by 9.6% compared to March, reaching 529.8 thousand tons, and decreased in value by 15.9% to reach $337.25 million.
The data revealed that Russian oil exports to China in the period from January to April increased by 26.5% on an annual basis, amounting to about 32.4 million tons.
Russia continues to lead in terms of oil exports to China.
In terms of value, China’s imports of Russian oil decreased during the same period by 1.5% compared to the same period last year, to reach $17.44 billion.
According to published statistics, Saudi Arabia comes second in terms of oil supplies to China, as it sold 31.2 million tons of oil to Beijing.
Shipments of Russian oil to China in April decreased by 25.9% compared to March, to 7.1 million tons.